French President Valery Giscard d'Estaing and Zaire President Mobutu held and impromptu conference of stabilising world commodity prices during a pleasure cruise of the Zaire River on Friday (8 August).
SV Giscard d'Estaing arrives, is greeted and inspects guard of honour with President Mobutu (3 shots)
GV Giscard d'Estaing and Mobutu watch display of tribal dancing (2 shot)
GVs Giscard d'Estaing and Mobutu, followed by newsmen, board ship (4 shots)
SV Giscard d'Estaing and Mobutu seated in cabin
GVs & SVs Giscard d'Estaing and Mobutu being greeted at wharf at Nsele by tribal dancers (3 shots)
GV Mobutu and Giscard d'Estaing disembark from boat
GV & SVs Giscard d'Estaing and Mobutu watching tribal dancing (2 shots)
Initials CL/1725 CL/1741
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Background: French President Valery Giscard d'Estaing and Zaire President Mobutu held and impromptu conference of stabilising world commodity prices during a pleasure cruise of the Zaire River on Friday (8 August).
The French leader, who arrived in Zaire for a three day visit on Thursday, said that "rich countries must learn to share their wealth" and called for a new world economic order that would be more stable and more equitable.
In a speech at the riverside village of Nsele, President Giscard d'Estaing said that Africa was of " the greatest importance for the world and for Europe".
He told hundreds of cheering Zaire party workers of the People's Revolutionary Movement, that he would call a conference of copper producing and consuming countries to help stabilise falling copper prices.
Zaire is faced with a foreign currency shortage expected to reach half a million dollars (U.S.) by the end of the year, because of the fall in copper prices.
A long term deal is being negotiated between France and Zaire for the supply of 100,00 tons of the metal a year.
The French leader is said to be extremely impressed by the warm welcome extended to him in Zaire. That welcome continued during the river cruise and thousands of people lined the river shores to cheer and wave. At each stop villagers and tribal dances were on hand to greet the two Presidents.